Micron Technology Inc
Nvidia’s new AI system Vera Rubin is 10 times more efficient than its predecessor — here’s a first look
Nvidia’s earnings on Wednesday are expected to show booming sales of the company’s current rack-scale system. But all eyes are on its next AI system, Vera Rubin, which is scheduled to roll out later this year. Vera Rubin, which is made up of 1.3 million components, will deliver 10 times more performance per watt than […]
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These are the European tech stocks to watch after Nvidia reports earnings — and how strong or weak results would affect them
Key Points Chip giant Nvidia, the world’s most valuable company, will report its earnings on Wednesday, which could have a sizable impact on the market. “Nvidia’s earnings are widely viewed as a barometer for the strength and durability of the global AI investment cycle,” Camilla Papaleo, product manager at VanEck, told CNBC. CNBC spoke to […]
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China’s DeepSeek is set to release a new AI model. A rough period for Nasdaq stocks could follow
The release of a new artificial intelligence model from China’s DeepSeek could mean a rough period will follow for Nasdaq stocks. The Chinese AI company has yet to announce a release date, but it’s expected to be imminent following last week’s conclusion of the Lunar New Year celebration. The startup has announced previous models early […]
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Tech giants commit billions to Indian AI as New Delhi pushes for superpower status
Tech giants have committed to funneling hundreds of billions of dollars into Indian AI efforts, against the backdrop of a major summit in the country that’s brought together world leaders and AI execs. Record sums are being ploughed into AI as governments and companies across the globe race to roll out the technology. Hyperscalers — […]
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CNBC Daily Open: U.S. markets rocked by private credit worries and potential strike on Iran
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Feb. 19, 2026. Brendan McDermid | Reuters U.S. markets had a shaky Thursday, pressured by Washington’s escalating tensions with Iran and renewed worries over private credit. U.S. President Donald Trump said Thursday he will decide within 10 […]
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Meta deal for millions of Nvidia chips is big — these 2 charts illustrate why
Meta Platforms ‘ pledge to spend billions of dollars on Nvidia chips is a much-needed shot in the arm for the AI semiconductor giant and its recently middling stock. Nvidia’s scorching multiyear rally had cooled off in recent months, as investor dollars moved into other buzzy corners of the chip market like memory and storage, […]
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Huang and Pichai among tech CEOs heading to India for major AI summit in a key market
US President Joe Biden looks on as India’s Prime Minister Narendra Modi speaks during a meeting with senior officials and CEOs of American and Indian companies, in the East Room the White House in Washington, DC, on June 23, 2023. Brendan Smialowski | AFP | Getty Images Big technology executives descend on India this week […]
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The AI trade has entered a puzzling phase. Do we know who the winners are anymore?
All hail Anthropic, the destroyer of everything. What an amazing service. It can wipe out Adobe by allowing you to design something better that has a much simpler commerce system, designed personally for you. That one is child’s play. ServiceNow may call itself the “AI Control Tower” to signify who is in charge, but the […]
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Stocks making the biggest moves midday: Crocs, Cisco, Lululemon, AppLovin & more
Check out the companies making the biggest moves in midday trading: Crocs — Shares of the clogs manufacturer surged 21% after Crocs reported upbeat guidance for the current quarter. The company sees adjusted earnings ranging from $2.67 to $2.77 per share, surpassing the FactSet consensus call for $2.52 per share. The earnings outlook for the […]
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Stocks making the biggest moves premarket: Cisco, QuantumScape, Rollins, Fastly and more
Check out the companies making the biggest moves in premarket trading: Restaurant Brands — Shares gained 1.3% following the Burger King parent’s beat on the top and bottom lines . Restaurant Brands reported fourth-quarter earnings of 96 cents per share, 1 cent higher than expected, per LSEG. Revenue came in at $2.47 billion, beating the […]
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